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The layoff tide continues to rise as U.S. companies cut jobs in pursuit of cost savings and AI-driven efficiency. According to The Times of India, American companies announced 153,074 job cuts in October 2025—the highest for the month in more than two decades. As noted by the report, Challenger...
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Amazon’s cloud unit AWS posted 20% sales growth in Q3, while its custom chip developments also grabbed attention during the earnings call on October 30th. According to Yahoo! Finance transcripts, CEO Andy Jassy said Trainium2 adoption remains strong, and Trainium3 is set to preview by year-end, wi...
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The wave of tech layoffs continues. With cost pressures mounting and AI reshaping corporate priorities, more companies across the industry are trimming staff. According to Reuters, citing sources, Amazon plans to cut up to 30,000 corporate jobs starting Tuesday to reduce costs and address overhiring...
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According to Nikkei, major U.S. tech companies are reportedly accelerating efforts to lessen their dependence on China. Sources indicate that Microsoft aims to produce most of its upcoming products outside the country as early as next year, while Amazon Web Services is extending its supply chain div...
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According to Reuters, the Trump administration said on Friday it would require companies to pay $100,000 per year for H-1B worker visas, prompting some major tech firms to warn visa holders to remain in the U.S. or return quickly. As the report notes, the change could deliver a major blow to the tec...